The Malibu Real Estate Blog » malibu gardens http://themaliburealestateblog.com A Malibu Real Estate Blog Giving You The Low Down On The High End---Mike Gardner 1 310 699 8428 Tue, 08 May 2012 15:24:01 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Where the Wild Deals Are At! http://themaliburealestateblog.com/where-the-wild-deals-are-at/ http://themaliburealestateblog.com/where-the-wild-deals-are-at/#comments Fri, 16 Oct 2009 17:10:36 +0000 Malibu Real Estate http://themaliburealestateblog.com/?p=965 I saw a few things this week that made me pick up the phone and call clients telling them about some great opportunities within the Malibu real estate market. Yesterday on caravan, I was wowed by a home for sale located on Ramirez Mesa. This is a gated development of roughly 20 homes that sits above Paradise Cove and has great ocean views. The home for sale is almost 6000 sq.ft., nicely remodeled in a Tuscan/Mediterranean style, had 5 bedrooms ,a pool, and a three car garage. The home had views of all on Santa Monica Bay and has room for a vineyard. It’s current asking price is $3,950,000, which in my view makes it one of the largest, and nicest, homes available under $4m. I even think there is some room on the price! Call 310 699 8428 for an appointment to view it.

Listed with Chris Cortazzo

Read more on Where the Wild Deals Are At!…

]]> I saw a few things this week that made me pick up the phone and call clients telling them about some great opportunities within the Malibu real estate market. Yesterday on caravan, I was wowed by a home for sale located on Ramirez Mesa. This is a gated development of roughly 20 homes that sits above Paradise Cove and has great ocean views. The home for sale is almost 6000 sq.ft., nicely remodeled in a Tuscan/Mediterranean style, had 5 bedrooms ,a pool, and a three car garage. The home had views of all on Santa Monica Bay and has room for a vineyard. It’s current asking price is $3,950,000, which in my view makes it one of the largest, and nicest, homes available under $4m. I even think there is some room on the price! Call 310 699 8428 for an appointment to view it.

Listed with Chris Cortazzo

The other great deals in general are showing up in the condo market. I think we may see some condos closing at $350k or less in the next few months. There is one listed at the Malibu Gardens for $389,000! At that price it makes a great rental for Pepperdine students or just a weekend crash pad to enjoy the beach.

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]]> http://themaliburealestateblog.com/where-the-wild-deals-are-at/feed/ 0 A Malibu Condo for $399,000 and a 3 Bedroom Ocean View Unit for $499,000! http://themaliburealestateblog.com/a-malibu-condo-for-399000-and-a-3-bedroom-ocean-view-unit-for-499000/ http://themaliburealestateblog.com/a-malibu-condo-for-399000-and-a-3-bedroom-ocean-view-unit-for-499000/#comments Sat, 29 Nov 2008 01:37:05 +0000 Malibu Real Estate http://themaliburealestateblog.com/?p=288 Prices have come down in the condo market in Malibu, especially at the Malibu Gardens Complex. With too many units on the market and nothing really selling prices are finally coming back down to earth. For under $400k you can now get a condo at the Malibu Gardens complex near Kanan and PCH. You’ll get two bedrooms with 1056 sq.ft and can walk to Zuma Beach in 15 minutes! At these prices it might even make sense for a parent to make a purchase if their kids will be attending Pepperdine and can save on 4 years of rent. For $499,000 in the same complex you can purchase a 3 bedroom remodeled unit with ocean views!

Read more on A Malibu Condo for $399,000 and a 3 Bedroom Ocean View Unit for $499,000!…

]]> Prices have come down in the condo market in Malibu, especially at the Malibu Gardens Complex. With too many units on the market and nothing really selling prices are finally coming back down to earth. For under $400k you can now get a condo at the Malibu Gardens complex near Kanan and PCH. You’ll get two bedrooms with 1056 sq.ft and can walk to Zuma Beach in 15 minutes! At these prices it might even make sense for a parent to make a purchase if their kids will be attending Pepperdine and can save on 4 years of rent. For $499,000 in the same complex you can purchase a 3 bedroom remodeled unit with ocean views!

Malibu Gardens Condo

Malibu Gardens Condo

Listed with Eytan Levin

3 Bedroom Condo View

3 Bedroom Condo View

Listed with Terry Lucoff

]]> http://themaliburealestateblog.com/a-malibu-condo-for-399000-and-a-3-bedroom-ocean-view-unit-for-499000/feed/ 0 More rare than the sushi at Nobu…..a Malibu Condo Under $500k http://themaliburealestateblog.com/more-rare-than-the-sushi-at-nobua-malibu-condo-under-500k/ http://themaliburealestateblog.com/more-rare-than-the-sushi-at-nobua-malibu-condo-under-500k/#comments Sat, 14 Jun 2008 19:24:07 +0000 Malibu Real Estate http://themaliburealestateblog.com/more-rare-than-the-sushi-at-nobua-malibu-condo-under-500k/ Currently Malibu has 78 condos on the market and roughly half of them have had a price reduction since being listed. Only one has sold in the last 90 days and many agents are claiming the phone just ain’t ringing for condo’s right now. That’s a serious flat spell! The highest price unit on the market is $3.6m for a swanky new pad across the street from Billionaires Beach. Yes, it’s on the land side of PCH at that price, not on the beach. You’ll need another $20m to live on the other side of PCH 50 feet closer towards the sand. The lowest price condo is something many realtors thought they wouldn’t see….a unit under $500k. The complex, which is known as Malibu Gardens, lies between Kanan and Cavalleri on PCH and  has a new listing at $499,000 for a 2 bedroom unit. A few weeks ago it was $559,000…a drop of more than 10 percent. It wasn’t long ago that the lowest price condo in this complex was closer to $575,000. With this many condos being on the market sellers are having to fiercely compete with other sellers to get their untis sold.  I would venture to say than in the $1.5m and under category prices are down 10-15 percent off last years prices and could be heading to a 20 percent  or more price drop. 

Read more on More rare than the sushi at Nobu…..a Malibu Condo Under $500k…

]]> Currently Malibu has 78 condos on the market and roughly half of them have had a price reduction since being listed. Only one has sold in the last 90 days and many agents are claiming the phone just ain’t ringing for condo’s right now. That’s a serious flat spell! The highest price unit on the market is $3.6m for a swanky new pad across the street from Billionaires Beach. Yes, it’s on the land side of PCH at that price, not on the beach. You’ll need another $20m to live on the other side of PCH 50 feet closer towards the sand. The lowest price condo is something many realtors thought they wouldn’t see….a unit under $500k. The complex, which is known as Malibu Gardens, lies between Kanan and Cavalleri on PCH and  has a new listing at $499,000 for a 2 bedroom unit. A few weeks ago it was $559,000…a drop of more than 10 percent. It wasn’t long ago that the lowest price condo in this complex was closer to $575,000. With this many condos being on the market sellers are having to fiercely compete with other sellers to get their untis sold.  I would venture to say than in the $1.5m and under category prices are down 10-15 percent off last years prices and could be heading to a 20 percent  or more price drop. 

Condo Search

Click this link to be taken to an MLS search for all condos in Malibu. The user id is x55032 and the password is condo 

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This unit is listed with Terry Lucoff of Coldwell Banker and you can find  the sushi at Nobu

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